TER
0.28% p.a.
Distribution policy
Distributing
Replication
Sampling
Fund size
32 m
Holdings
543
Overview
Description
The Invesco US Municipal Bond UCITS ETF Dist seeks to track the ICE BofA U.S. Taxable Municipal Securities Plus index. The ICE BofA U.S. Taxable Municipal Securities Plus index tracks USD-denominated municipal bonds issued by U.S. states and territories. All maturities are included. Rating: Investment Grade.
Documents
Chart
Basics
Data
| Index | ICE BofA U.S. Taxable Municipal Securities Plus |
| Investment focus | Bonds, USD, United States, Government, All maturities |
| Fund size | GBP 32 m |
| Total expense ratio | 0.28% p.a. |
| Replication | Physical (Sampling) |
| Legal structure | ETF |
| Strategy risk | Long-only |
| Sustainability | No |
| Fund currency | USD |
| Currency risk | Currency unhedged |
| Volatility 1 year (in GBP) | 8.40% |
| Inception/ Listing Date | 10 February 2021 |
| Distribution policy | Distributing |
| Distribution frequency | Quarterly |
| Fund domicile | Ireland |
| Fund Provider | Invesco |
| Fund Structure | Open-ended Investment Company (OEIC) |
| UCITS compliance | Yes |
| Administrator | BNY Mellon Fund Services (Ireland) Designated Activity Company |
| Investment Advisor | Invesco Capital Management LLC |
| Custodian Bank | BNY Mellon Trust Company (Ireland) Limited |
| Revision Company | PricewaterhouseCoopers |
| Fiscal Year End | 31 December |
| Swiss representative | BNP PARIBAS SECURITIES SERVICES, Paris, succursale de Zurich |
| Swiss paying agent | BNP Paribas Securities Services, Paris, succursale de Zurich |
| Germany | No tax rebate |
| Switzerland | No ESTV Reporting |
| Austria | Tax Reporting Fund |
| UK | UK Reporting |
| Indextype | Total return index |
| Swap counterparty | - |
| Collateral manager | |
| Securities lending | No |
| Securities lending counterparty |
Similar ETFs
There are currently no ETFs tracking the same index or having an identical investment focus than the Invesco US Municipal Bond UCITS ETF Dist.
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Holdings
Below you find information about the composition of the Invesco US Municipal Bond UCITS ETF Dist.
Top 10 Holdings
Weight of top 10 holdings
out of 543
11.15%
| US13063A5G50 | 1.49% |
| US235308RA34 | 1.38% |
| US20281PKV30 | 1.32% |
| US650036EA04 | 1.31% |
| US91412HJQ74 | 1.21% |
| US452151LF83 | 1.11% |
| US059231X471 | 0.93% |
| US57582PWH99 | 0.85% |
| US452153LE74 | 0.83% |
| US524803BA05 | 0.72% |
Countries
| United States | 94.66% |
| Other | 5.34% |
Sectors
| Other | 99.27% |
As of 31/10/2024
Performance
The performance numbers include distributions/dividends (if there are any). By default, the total performance of the ETF is displayed.
Returns overview
| YTD | +2.81% |
| 1 month | +1.27% |
| 3 months | -0.04% |
| 6 months | +2.25% |
| 1 year | +2.78% |
| 3 years | -7.14% |
| 5 years | - |
| Since inception (MAX) | -1.42% |
| 2023 | +2.03% |
| 2022 | -8.97% |
| 2021 | - |
| 2020 | - |
Monthly returns in a heat map
Dividends
Current dividend yield
| Current dividend yield | 4.50% |
| Dividends (last 12 months) | GBP 1.13 |
Historic dividend yields
| Period | Dividend in GBP | Dividend yield in % |
|---|---|---|
| 1 Year | GBP 1.13 | 4.45% |
| 2023 | GBP 1.07 | 4.08% |
| 2022 | GBP 0.82 | 2.77% |
Dividend yield contribution
Monthly dividends in GBP
Risk
Risk metrics in this section:
- Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
- Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
- Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
Risk overview
| Volatility 1 year | 8.40% |
| Volatility 3 years | 12.05% |
| Volatility 5 years | - |
| Return per risk 1 year | 0.33 |
| Return per risk 3 years | -0.20 |
| Return per risk 5 years | - |
| Maximum drawdown 1 year | -4.31% |
| Maximum drawdown 3 years | -16.18% |
| Maximum drawdown 5 years | - |
| Maximum drawdown since inception | -16.32% |
Rolling 1 year volatility
Stock exchange
Listings
| Listing | Trade Currency | Ticker | Bloomberg / iNAV Bloomberg Code | Reuters RIC / iNAV Reuters | Market Maker |
|---|---|---|---|---|---|
| Borsa Italiana | EUR | MUNI | MUNI IM MUNIINE | MUNI.MI 4JUQINAV.DE | Flow Traders |
| London Stock Exchange | GBX | MUNS | MUNS LN MUNSIN | MUNS.L 4JUSINAV.DE | Flow Traders |
| London Stock Exchange | GBP | - | MUNS LN MUNSIN | MUNS.L 4JUSINAV.DE | Flow Traders |
| London Stock Exchange | USD | MUNI | MUNI LN MUNIIN | MUNI.L 4JURINAV.DE | Flow Traders |
Further information
Further ETFs with similar investment focus
| Fund name | Fund Size in m € (AuM) | TER p.a. | Distribution | Replication |
|---|---|---|---|---|
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | 12,882 | 0.07% p.a. | Accumulating | Sampling |
| iShares USD Treasury Bond 3-7yr UCITS ETF (Acc) | 5,440 | 0.07% p.a. | Accumulating | Sampling |
| iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) | 4,524 | 0.07% p.a. | Accumulating | Sampling |
| iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) | 4,143 | 0.07% p.a. | Distributing | Sampling |
| iShares USD Treasury Bond 7-10yr UCITS ETF (Acc) | 3,649 | 0.07% p.a. | Accumulating | Sampling |
Frequently asked questions
What is the name of MUNI?
The name of MUNI is Invesco US Municipal Bond UCITS ETF Dist.
What is the ticker of Invesco US Municipal Bond UCITS ETF Dist?
The primary ticker of Invesco US Municipal Bond UCITS ETF Dist is MUNI.
What is the ISIN of Invesco US Municipal Bond UCITS ETF Dist?
The ISIN of Invesco US Municipal Bond UCITS ETF Dist is IE00BNG70R26.
What are the costs of Invesco US Municipal Bond UCITS ETF Dist?
The total expense ratio (TER) of Invesco US Municipal Bond UCITS ETF Dist amounts to 0.28% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.
What's the fund size of Invesco US Municipal Bond UCITS ETF Dist?
The fund size of Invesco US Municipal Bond UCITS ETF Dist is 32m GBP. See the following article for more information about the size of ETFs.
— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH. Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.